Mayor's International Business Programme Funding

Shaun Bailey: How much funding have you allocated to the Mayor’s International Business programme and from what budget?

The Mayor: The Mayor’s International Business Programme is funded through a combination of £3,946,913 from London’s allocation of European Regional Development Fund (ERDF) and commercial sponsorship. I allocated £400k to the programme in 2018/19 from the GLA’s corporate contingency budget to cover a shortfall caused by a change to the match funding model.

Mayor's International Business Programme Funding

Shaun Bailey: Have you given any extra funding to London and Partners for the Mayor’s International Business Programme?

The Mayor: The Mayor’s International Business Programme is funded through a combination of European Regional Development Fund (ERDF) awarded through my City Hall European programmes team and the London Economic Action Partnership and commercial sponsorship. The GLA provided an additional £400k to the programme in 2018/19, to cover a shortfall caused by a change to the match funding model.